State Gas (Australia) Performance
| GAS Stock | 0.03 0 2.86% |
The entity has a beta of 0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, State Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding State Gas is expected to be smaller as well. At this point, State Gas has a negative expected return of -0.39%. Please make sure to validate State Gas' market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if State Gas performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days State Gas has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in April 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Begin Period Cash Flow | 453.3 K |
State |
State Gas Relative Risk vs. Return Landscape
If you would invest 4.60 in State Gas on December 17, 2024 and sell it today you would lose (1.10) from holding State Gas or give up 23.91% of portfolio value over 90 days. State Gas is producing return of less than zero assuming 3.454% volatility of returns over the 90 days investment horizon. Simply put, 30% of all stocks have less volatile historical return distribution than State Gas, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
State Gas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for State Gas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as State Gas, and traders can use it to determine the average amount a State Gas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1125
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GAS |
Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average State Gas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of State Gas by adding State Gas to a well-diversified portfolio.
State Gas Fundamentals Growth
State Stock prices reflect investors' perceptions of the future prospects and financial health of State Gas, and State Gas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on State Stock performance.
| Return On Equity | -0.0981 | ||||
| Return On Asset | -0.0496 | ||||
| Operating Margin | (16.91) % | ||||
| Current Valuation | 15.85 M | ||||
| Shares Outstanding | 392.6 M | ||||
| Price To Book | 0.34 X | ||||
| Price To Sales | 126.19 X | ||||
| Revenue | 108.89 K | ||||
| EBITDA | (3.21 M) | ||||
| Total Debt | 2.14 M | ||||
| Book Value Per Share | 0.14 X | ||||
| Cash Flow From Operations | (2.13 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 48.32 M | ||||
| Retained Earnings | (12.67 M) | ||||
About State Gas Performance
Assessing State Gas' fundamental ratios provides investors with valuable insights into State Gas' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the State Gas is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about State Gas performance evaluation
Checking the ongoing alerts about State Gas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for State Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| State Gas generated a negative expected return over the last 90 days | |
| State Gas has some characteristics of a very speculative penny stock | |
| State Gas has high historical volatility and very poor performance | |
| The company reported the revenue of 108.89 K. Net Loss for the year was (3.63 M) with profit before overhead, payroll, taxes, and interest of 108.89 K. | |
| State Gas generates negative cash flow from operations | |
| About 42.0% of the company shares are held by company insiders |
- Analyzing State Gas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether State Gas' stock is overvalued or undervalued compared to its peers.
- Examining State Gas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating State Gas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of State Gas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of State Gas' stock. These opinions can provide insight into State Gas' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for State Stock Analysis
When running State Gas' price analysis, check to measure State Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Gas is operating at the current time. Most of State Gas' value examination focuses on studying past and present price action to predict the probability of State Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Gas' price. Additionally, you may evaluate how the addition of State Gas to your portfolios can decrease your overall portfolio volatility.